NOT LISTED FOR SALE

986 Ocean Forest Ct Corolla, NC 27927

Estimated Value: $1,288,000 - $1,455,000

5 Beds
5.5 Baths
3,800 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $1,000,000 $263 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,304/month

1 Day on Market

Highlights

  • 158 Feet of Waterfront
  • Boat Dock
  • Heated In Ground Pool
  • Views of a Sound
  • Tennis Courts
  • Second Refrigerator

About This Home

As of August 2021

House is located on a bulk headed soundfront homesite in the northern section of Monteray Shores. Turn into the secluded driveway that is accessed from the cul-de-sac street. Nestled among the many trees, the home opens up to a panoramic view of the Currituck Sound. This house has been lightly used as a second home with top of the line furnishings. Seller takes pride in maintaining the home and it shows. Three master Bedrooms, game room, den/entertainment room, exercise room. Enjoy the large expansive living/dining/kitchen/master bedroom area on the top level, with water views galore. The handy elevator provides easy access to all levels. Handicap bath is another added feature. This location is great for a Primary Home, keep it as a seconde home, or a Rental home, that includes all the Monteray Shores Community amenities.

Last Agent to Sell the Property

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054 Listed on: 07/06/2021

Last Buyer's Agent

Andy DelToro

Brindley Beach Vacations & Sales - KH License #274147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,109

Year Built

  • Built in 2001

Lot Details

  • 0.51 Acre Lot
  • 158 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,800 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Library
  • Game Room
  • Sun or Florida Room
  • Utility Room
  • Views of a Sound

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport

Accessible Home Design

  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Tennis Courts
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Fuel Tank
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 188

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts, walkways
  • Kathy Scott Association
  • Monteray Shores Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,109

Year Built

Built in 2001

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: North on Hwy 12. Turn west on Ocean Forest Court. Next to last Soundfront home on the left
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Jet Tub, Landscaped, Lawn Sprinklers, Outdoor Tennis, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Monteray Shores
  • Headline: True Soundfront, Second Home
  • Heated Sq Ft: 3800
  • L V T Date: 07/06/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 110
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 469
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Vinyl, Vinyl Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Library/Study, Pantry, Sun/Florida Room, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Gunite, Heated, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 51
  • View: Sound
  • Water Frontage: 158

Garage/Parking

  • Garage: 3 + Car, Carport
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Electric, Forced Air, Zoned
  • Fuel Tanks: Owned
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1100
  • Hoa Contact: Kathy Scott
  • HOA Contact: Monteray Shores HOA
  • Home Owner Dwelling Insurance: 2386

Lot Info

  • Estimated Lot Sq Ft: 22335
  • Lot Description: Bulkheaded, Cul-de-sac, Level, Water Frontage
  • Lot Faces: West
  • Lot Number: Lot 188
  • Estimated Lot Size: 0.51
  • Deed Book: 1123

Rental Info

  • Flood Expenses: 858
  • Maintenance Expenses: 700
  • Poolspa Expense: 1900
  • Yearly Expense Actual Estimate: Estimated
  • Annual Electric: 1800
  • Annual Water Expense: 610

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2021
  • Taxes: 4109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 11, 2021
Sold by
Nold Gail S and Nold Michael G
Bought by
Krieger Jennifer Kline and Bonshock Michael
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Andy DelToro
Brindley Beach Vacations & Sales - KH
List Price
$938,000
Sold Price
$1,000,000
Premium/Discount to List
$62,000
6.61%
Current Estimated Value
$1,302,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,929
Avg. Annual Appreciation
7.49%
Original Mortgage
$548,250
Outstanding Balance
$496,372
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$876,853

Purchase Details

Closed on
Apr 7, 2010
Sold by
Us Bank National Association
Bought by
Nold Gail S and Nold Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2010
Sold by
Bibeau Norman T
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 8, 2010
Sold by
Bibeau Norman T
Bought by
Norlo & Associates Llc

Purchase Details

Closed on
Dec 13, 2006
Sold by
Bibeau Arlene
Bought by
Bibeau Norman T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Krieger Jennifer Kline $1,000,000 None Available
Nold Gail S $700,000 None Available
Us Bank National Association $691,115 None Available
Norlo & Associates Llc -- None Available
Bibeau Norman T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krieger Jennifer Kline $548,250
Previous Owner Nold Gail S $250,000
Previous Owner Bibeau Norman T $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $1,000,000 +6.6% $263 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $938,000 -- $247 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,590 $729,500 $200,000 $529,500
2024 $5,590 $729,500 $200,000 $529,500
2023 $5,574 $729,500 $200,000 $529,500
2022 $4,291 $729,500 $200,000 $529,500
2021 $4,146 $723,500 $300,000 $423,500
2020 $4,109 $723,500 $300,000 $423,500
2019 $4,109 $723,500 $300,000 $423,500
2018 $4,109 $723,500 $300,000 $423,500
2017 $3,728 $723,500 $300,000 $423,500
2016 $3,727 $723,500 $300,000 $423,500
2015 $3,727 $723,500 $300,000 $423,500
Source: Public Records

Agents Affiliated with this Home

  • Ronald Barrett

    Seller's Agent in 2021

    Ronald Barrett

    Brindley Beach Vacations & Sales - Cor

    (252) 202-8999

    35 in this area

    41 Total Sales

    Ronald Barrett
    Section Image

  • A

    Buyer's Agent in 2021

    Andy DelToro

    Brindley Beach Vacations & Sales - KH

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115087

Outer Banks Association of REALTORS®

APN: 115C-000-0188-0000

North Carolina Currituck County Corolla 27927

986 Ocean Forest Ct, Corolla, NC

Not Listed for Sale

Detached

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